Guaranteed fixed fees for Leasehold Conveyancing in Great Shelford

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While any conveyancing practice can theoretically deal with your leasehold conveyancing in Great Shelford, your mortgage provider may unwilling to work with them if the firm are not on their list of approved solicitors for conveyancing

Frequently asked questions relating to Great Shelford leasehold conveyancing

There are only Seventy years left on my flat in Great Shelford. I now wish to extend my lease but my landlord is can not be found. What should I do?

On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be lengthened by the Court. However, you will be required to demonstrate that you have used your best endeavours to find the freeholder. For most situations a specialist should be helpful to try and locate and to produce an expert document which can be accepted by the court as evidence that the landlord can not be located. It is wise to seek advice from a solicitor in relation to devolving into the landlord’s absence and the vesting order request to the County Court covering Great Shelford.

Planning to exchange soon on a ground floor flat in Great Shelford. Conveyancing lawyers assured me that they report fully next week. What should I be looking out for?

The report on title for your leasehold conveyancing in Great Shelford should include some of the following:

  • You should be sent a copy of the lease
  • The physical extent of the property. This will be the apartment itself but could also incorporate a roof space or basement if applicable.
  • Setting out your rights in relation to common areas in the building.For instance, does the lease contain a right of way over an accessway or hallways?
  • Will you be prohibited or prevented from having pets in the property?
  • You must be told what counts as a Nuisance in the lease
  • Whether your lease has a provision for a reserve fund?
  • Responsibility for repairing the window frames For details of the information to be contained in your report on your leasehold property in Great Shelford please ask your solicitor in ahead of your conveyancing in Great Shelford

    • I’m about to sell my basement apartment in Great Shelford.Conveyancing is yet to be initiated but I have just had a quarterly service charge invoice – should I leave it to the buyer to sort out?

    It best that you clear the service charge as normal because all ground rent and service charges will be apportioned on completion, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

    I own a leasehold flat in Great Shelford. Conveyancing and TSB mortgage organised. I have received a letter from someone saying they have taken over the freehold. It included a ground rent demand for rent dating back to 1998. The conveyancing practitioner in Great Shelford who previously acted has now retired.What should I do?

    The first thing you should do is contact HMLR to make sure that the individual claiming to own the freehold is in fact the registered owner of the freehold reversion. It is not necessary to instruct a Great Shelford conveyancing firm to do this as you can do this on the Land Registry website for £3. Rest assured that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.

    Last month I purchased a leasehold flat in Great Shelford. Am I liable to pay service charges relating to a period prior to my ownership?

    Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

    If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

    Great Shelford Conveyancing for Leasehold Flats - Examples of Queries Prior to buying

      You will want to discover as much as you can concerning the managing agents as they will affect your use and enjoyment of the property. As the owner of a leasehold property you are often in the clutches of the managing agents both financially and when it comes to daily issues such as the cleanliness of the communal areas. Ask other tenants what they think of their management. Finally, be sure you understand the dates that you are obliged pay the service charge to the managing agents and specifically what you get for your money. Plenty Great Shelford leasehold properties will incur a service charge for maintenance of the building levied by the landlord. If you buy the property you will have to meet this liability, usually in instalments during the year. This can vary from a couple of hundred pounds to thousands of pounds for bigger purpose-built buildings. There will also be a ground rent for you to pay yearly, this is usually not a significant amount, say about £50-£100 but you should to enquire as on occasion it could be many hundreds of pounds. How many years remain on the lease?

    Other Topics

    Lease Extensions in Great Shelford